Retirement expert recommends DIAs instead of SPIAs

09/26/2013 | Advisor Perspectives

Deferred income annuities offer retirees greater longevity protection and liquidity at a lower cost than single-premium immediate annuities, writes Wade Pfau, professor of retirement income at the American College in Bryn Mawr, Pa. "In my analysis, DIAs have pushed aside SPIAs as the product of choice for providing longevity protection," he notes.

View Full Article in:

Advisor Perspectives

Published in Briefs: